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Joined 2 years ago
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Cake day: August 8th, 2023

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  • I mean, people already know. A tariff is literally a tax that artificially bouys one domestic industry or class of product, at the expense of all others who participate in the market.

    I’ve never seen or heard of any point in history where the apparent “desired effect” is achieved and all manufacturing production is magically reshored resulting in prosperity. The actual result is Joe Consumer having fewer choices or buying a Chevy he didn’t want vs. a Toyota he did want.

    … and while we are at it, what is an “American” car these days? Any company that was started or Headquartered here? Anything that undergoes final assembly here? The Ford I used to drive had parts and assemblies from Japan, Turkey, South Korea, Canada, Mexico, and probably China.